The Consumer Price Index in Philippines increased 0.70 percent in December of 2019 over the previous month.The highest inflation rate since September last year.
Inflation Rate Mom in Philippines averaged 0.65 percent from 1957 until 2019, reaching an all time high of 8.80 percent in July of 1984 and a record low of -4.50 percent in November of 1972. This page provides the latest reported value for - Philippines Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Phillipine Statistics Authority
Inflation Rate Mom in Philippines is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Philippines to stand at 0.20 in 12 months time. In the long-term, the Philippines Inflation Rate MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.